Thread: Nzd/Cad
Hello my friend this one is also a good pair you can easily invest on this pair this pair is not move more then 200pip a day if it goes more then it will come back for sure.and at this time you can surly sell this pair..Originally Posted by wavestraders
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hmmm let see what this pair will do next week , i never trade this pair before but i like to do the analyzing works so i can under the market behavior , from what is see now the price is at the strong support and if the price manage to down the will be some pullback soon
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From H4 chart , the pair has broken an up trend at 0.8125 the pair may retest again the up trend but after breaking the support level at 61.8 i expect the pair to continue moving down and it is now the chance to make a sell .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I suggest to buy NZDCAD right now , this pair is facing a strong support represented in tow factors , we have here a support level @ 0.8135 then another support level @ 0.8055 which couldn't be broken by this pair from a long period , also we have an uptrend will face the downtrend candle , so i suggest to buy on long term . Good Luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
From H4 chart , closing below resistance level 0.8226 means that the pair will reverse it's direction and tend to move down till reach fibo level 23.6 and retest it .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I see many of you write something like this: I THINK the trend will go here, I HOPE will change its direction, the trader must trade what he see and not what he think or hope, this is what I learned for this seven years of trading.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7800 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7800 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7800 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7800 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
the pair and as we can see from the chart is trading under level 0.7850 , so , that's mean the down trend is still standing and the pair might head to 0.7810 how ever the pair made any hourly correction , good luck .
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If a M15 close above 0.8000 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7800 sell only and do not buy. If price closes back above it again do nothing
The range 0.8000 and 0.7800 is neutral area, any trade done in between is personal decision and not part of this analysis
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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